Altec Lansing Returns to CES 2013 Under Ownership of Infinity Lifestyle Brands with New Products and a New Vision

Audio innovator will feature more than a dozen state-of-the-art, fashion-forward audio products that look as great as they have always sounded

LAS VEGAS--(BUSINESS WIRE)--Altec Lansing (Altec) returns to CES 2013 with new products and a new vision following its recent acquisition by Infinity Lifestyle Brands. During CES in Central Hall #13245, Altec will showcase more than a dozen innovative and fashion-forward products that look as great as Altec has always sounded from its first major North American licensee and strategic partner, Sakar International.

“For the past 75 years, Altec Lansing has been delivering true sound experiences to consumers who seek exceptional sound quality, elegant design and innovative products”

The new lineup will focus on portability, Bluetooth-enabled products and universal platforms, including wireless speakers and docks with enhanced features, computer audio accessories and speakers, and an array of headphones. Based on years of market research and direct customer feedback, Altec’s 2013 CES product line up is poised to complement consumers’ varied lifestyles and innate desire for music enjoyment. Leveraging next-generation technology, such as Near Field Communication (NFC), its Wireless Check In™ feature makes pairing devices to Altec’s newest wireless speakers simple and effortless. This exciting product line builds upon the company’s years of experience in achieving accurate audio quality and its rich legacy of performance and classic designs.

“For the past 75 years, Altec Lansing has been delivering true sound experiences to consumers who seek exceptional sound quality, elegant design and innovative products,” said Ike S. Franco, Managing Partner for Infinity Lifestyle Brands. “The Altec products on display at CES 2013 truly reflect the essence of Altec’s mission to provide the highest-quality audio experiences to worldwide consumers, and that’s exactly what CES attendees will see this year,” added Raleigh Wilson, the Altec executive who will now continue to oversee the brand as its Managing Director.

As an innovator of audio products for more than 75 years, Altec will continue to emphasize state-of-the-art audio quality in its core product line, which includes speaker offerings in computer audio, docking solutions for smartphones, portable audio players and tablets, as well as headphones. In addition, Altec will be expanding into other categories, such as the professional, audio and home theatre entertainment markets.

About Altec Lansing

For more than 75 years, Altec Lansing has been shaping the history of sound delivery by producing exceptional speakers with legendary acoustics, while catering to the consumer who won't compromise sound quality. The company boasts a unique history of innovation that includes the introduction of the first "talkie" film speakers, the first set of desktop computer speakers, and the first iPod docking station. Always entrenched in the music community, Altec Lansing continues to be a first choice for musicians and audiophiles alike. HEAR WHAT’S NEXT.

About Infinity Lifestyle Brands

Infinity Lifestyle Brands, LLC (“ILB”) (www.infinity-group.com) is the New York-based Infinity Group’s consumer products and brand management platform. It leverages the Group’s licensing, merchandising and manufacturing background. ILB specializes in the acquisition and repositioning through a licensing platform of mismanaged, underutilized or dormant consumer brands with high awareness value. The company owns and operates fashion, home and consumer electronic brands whose products span multiple distribution channels. Current portfolio investments include Polaroid ^©, Miss America^©, Linens ‘N Things ^©, and XOXO^©. ILB’s past holdings include Starter^©, Bugle Boy^©, Cannon^©, Royal Velvet^©, Charisma^©, and Fieldcrest^©. Its parent company, Infinity Group is a private equity firm with a portfolio of investments in commercial real estate, hospitality, entertainment and consumer products.

About Sakar International

Sakar International, Inc. is a leading provider of consumer electronics and accessories. With a rich heritage of technology innovation since 1977, Sakar has developed a global presence by consistently evolving alongside technology to develop on-trend, cutting-edge products. Sakar licenses more than 40 major entertainment and corporate brands and has maintained a diverse portfolio of product offerings, including: tablets, digital cameras, karaoke machines, small appliances, and accessories for audio devices, tablets, cameras, smart phones and computers. Sakar is headquartered in Edison, New Jersey, with additional offices in the United Kingdom, Canada, Latin America, Hong Kong and China.